Japan Exchange Group (8697) AI Stock Analysis

• Market Cap: ¥1.61T
• Dividend Yield: 2.44%
• Average Volume (3M): 2.53M
• Price to Earnings (P/E): 26.5
• Beta (1Y): 0.92
• Revenue Growth: 3.96%
• EPS Growth: 0.47%
• Country: JP
• Employees: 1,249
• Sector: Financial
• Sector Strength: 76
• Industry: Financial - Data & Stock Exchanges
• EPS (TTM): 13.58
• Shares Outstanding: 1,044,578,400
• 10 Day Avg. Volume: 2,127,220
• 30 Day Avg. Volume: 2,534,683
• PEG Ratio: -33.75
• Price to Book (P/B): 5.12
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 55.87
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ¥1,515.68
• Price Target Upside: -2.47% Downside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 71 Outperform
• Price Target: ¥1,717.00 ▲(10.49%Upside)

Japan Exchange Group's stock score is primarily driven by its strong financial performance, characterized by robust revenue growth and solid cash flow management. However, the technical analysis suggests a bearish trend, and the high P/E ratio raises some valuation concerns. The absence of earnings call data and corporate events did not impact the overall evaluation.

Japan Exchange Group Business Overview & Revenue Model

Company Description

Japan Exchange Group, Inc. provides and operates markets for exchange-traded financial instruments in Japan. The company offers market facilities for securities, securities index futures, securities options, commodity futures, and commodity index futures trading, as well as financial instruments obligation assumption services; and publishes market quotations and facilitates fairness of securities trading. It is also involved in the self-regulatory operations, including listing examination, market surveillance and compliance, listed company compliance, and examination and inspection of participants. In addition, the company offers clearing and settlement services, as well as information services. Japan Exchange Group, Inc. was incorporated in 1949 and is headquartered in Tokyo, Japan.

How the Company Makes Money

Japan Exchange Group generates revenue primarily through transaction fees, listing fees, and information services. Transaction fees are collected from securities and derivatives trading activities conducted on its exchanges, forming a significant portion of its income. Additionally, companies pay listing fees to have their shares traded on JPX exchanges, which include initial listing fees and annual fees. Furthermore, JPX earns revenue by providing market data and information services to financial institutions and investors. These services include real-time and historical market data, which are critical for trading decisions. The group's revenue is also supported by clearing and settlement services, which involve fees for processing transactions to ensure their completion and mitigate counterparty risk. Strategic partnerships and collaborations with other financial institutions and technology providers enhance JPX's service offerings and contribute to its revenue streams.

Japan Exchange Group Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
TTM	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020
Income Statement		Total Revenue
163.13B	152.87B	134.50B	135.64B	133.70B	124.66B
	Gross Profit
112.36B	122.81B	66.93B	72.41B	72.30B	66.08B
	EBIT
90.38B	81.32B	68.25B	73.47B	74.56B	68.53B
	EBITDA
107.92B	104.31B	85.91B	89.93B	89.09B	82.58B
	Net Income Common Stockholders
61.20B	60.82B	46.34B	49.95B	51.39B	47.61B
Balance Sheet		Cash, Cash Equivalents and Short-Term Investments
72.92B	128.02B	211.21B	211.35B	225.01B	189.28B
	Total Assets
82.86T	80.68T	82.19T	71.46T	60.08T	67.29T
	Total Debt
52.48B	52.48B	52.97B	52.47B	52.46B	52.45B
	Net Debt
-20.44B	-75.54B	-45.84B	-40.89B	-55.75B	-19.43B
	Total Liabilities
82.52T	80.34T	81.87T	71.14T	59.75T	66.98T
	Stockholders Equity
326.39B	328.36B	312.73B	315.65B	321.39B	298.23B
Cash Flow		Free Cash Flow
29.92B	73.02B	55.58B	43.26B	56.31B	43.30B
	Operating Cash Flow
31.56B	79.57B	66.88B	58.19B	71.75B	56.88B
	Investing Cash Flow
-618.00M	-7.17B	-8.52B	-13.30B	-1.51B	-9.43B
	Financing Cash Flow
-942.00M	-43.20B	-52.90B	-59.75B	-33.93B	-39.41B

Japan Exchange Group Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 1554.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JP:8697, the sentiment is Negative. The current price of 1554 is below the 20-day moving average (MA) of 1567.90, below the 50-day MA of 1572.10, and below the 200-day MA of 1667.82, indicating a bearish trend. The MACD of -3.29 indicates Positive momentum. The RSI at 45.42 is Neutral, neither overbought nor oversold. The STOCH value of 56.33 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JP:8697.

Japan Exchange Group Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
8473	77 Outperform	¥1.45T	8.91	12.69%	5.86%	16.64%	36.46%
8601	74 Outperform	$1.34T	9.05	9.63%	3.23%	7.11%	28.65%
8697	71 Outperform	¥1.61T	26.47	18.02%	2.44%	3.96%	0.47%
8604	71 Outperform	¥2.69T	8.21	9.88%	5.05%	13.94%	109.60%
8308	66 Neutral	$3.03T	14.24	7.67%	2.06%	18.56%	44.11%
Sector *	65 Neutral	$12.76B	9.91	7.89%	78.91%	12.06%	-7.95%
8309	63 Neutral	¥2.69T	10.50	8.20%	0.26%	25.32%	174.52%

Japan Exchange Group Corporate Events

JPX Extends Stock Compensation Plan for Executives

Japan Exchange Group, Inc. has announced an extension of the trust period and an additional contribution to its stock-granting trust for executives as part of its stock compensation plan. This move aligns with the start of its Medium-Term Management Plan 2027, aiming to enhance executives’ incentives and align their interests with shareholders for sustainable corporate growth.

The most recent analyst rating on (JP:8697) stock is a Buy with a Yen2300.00 price target. To see the full list of analyst forecasts on Japan Exchange Group stock, see the JP:8697 Stock Forecast page.

Japan Exchange Group Announces Share Acquisition Status

Japan Exchange Group, Inc. announced the status of its acquisition of own shares, acquiring 5,404,500 shares valued at JPY 8,632,922,050 between May 1 and May 31, 2025. This move is part of a broader strategy approved by the Board of Directors to acquire up to 40,000,000 shares, reflecting a significant investment in its own equity, which may impact its market positioning and shareholder value.

The most recent analyst rating on (JP:8697) stock is a Buy with a Yen2300.00 price target. To see the full list of analyst forecasts on Japan Exchange Group stock, see the JP:8697 Stock Forecast page.

Japan Exchange Group Announces Share Buyback Progress

Japan Exchange Group, Inc. has announced the acquisition of 359,000 of its own common shares, valued at JPY 569,200,700, as part of a previously decided plan to acquire up to 40 million shares, with a maximum value of JPY 20 billion. This move is part of a strategic initiative to manage the company’s capital structure and potentially enhance shareholder value, reflecting confidence in its market positioning and future prospects.

Japan Exchange Group Announces Leadership Changes for 2025

Japan Exchange Group, Inc. has announced the nomination of new candidates for directors and other officers across its subsidiaries, with changes set to take effect following the Annual General Shareholders Meetings on June 20, 2025. These leadership changes, including new appointments and retirements, are part of JPX’s ongoing efforts to strengthen its governance and operational oversight, potentially impacting its strategic direction and stakeholder relations.

JPX Announces Share Buyback to Boost Capital Efficiency

Japan Exchange Group, Inc. (JPX) has announced a decision to acquire up to 40 million of its own shares, valued at a maximum of JPY 20 billion, as part of its strategy to enhance capital efficiency and shareholder returns. This move, aligned with their Medium-Term Management Plan 2027, is set to take place between April 30 and October 28, 2025, through market purchases on the Tokyo Stock Exchange, potentially impacting the company’s market positioning and shareholder value.

Japan Exchange Group Reports Modest Revenue Growth Amidst Market Challenges

Japan Exchange Group reported its consolidated financial results for the fiscal year ending March 31, 2025, showing a modest increase in operating revenue and net income compared to the previous year. The company also announced a 2-for-1 stock split effective October 1, 2024, which affected the calculation of earnings per share and dividends. Despite the positive financial performance, the forecast for the fiscal year ending March 31, 2026, anticipates a slight decline in revenue and income, reflecting potential challenges in the market environment.

Japan Exchange Group Unveils Medium-Term Management Plan for 2027

Japan Exchange Group, Inc. has announced the implementation of its ‘Medium-Term Management Plan 2027’ following a review of its current plan, which concludes at the end of the fiscal year in March 2025. This strategic move is aimed at adapting to the evolving business environment and is expected to impact the company’s operations and market positioning, potentially affecting stakeholders involved with the group.

JPX Revises Earnings and Dividend Forecasts for FY2025

Japan Exchange Group, Inc. has revised its earnings and dividend forecasts for the fiscal year ending March 31, 2025, reflecting changes in market conditions and trading volumes. The revised forecasts indicate a slight increase in operating revenue and net income, leading to a higher year-end dividend forecast, including a special dividend, due to expected financial performance exceeding targets set in the Medium-Term Management Plan.